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Financial Manager

Financial Manager

Novus Holdings LtdZA
12 hours ago
Job description

Job title : Financial Manager

Job Location : KwaZulu-Natal,

Deadline : October 29, 2025

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Job Description

  • We are currently seeking to appoint a CMA-qualified financial professional to lead the finance department and manage all finance-related functions, including  taking ownership of all cost accounting functions, ensuring accurate reporting, and providing management with the insights needed to make profitable, data-driven decisions.

    • Key Duties and Responsibilities

  • Generate accurate and complete reports according to management and business needs to support strategic financial decisions
  • Develop, implement, and improve new and current product costing models to ensure accurate and reliable cost data across all product lines
  • Conduct variance analysis (materials, labour, overheads), explain deviations to management and recommend changes to BOM
  • Partner with operations and procurement to track wastage, yield, and efficiency measurements
  • Provide cost simulations and profitability analysis for tenders, pricing, and new product development
  • Analyse data gathered and develop solutions or alternative methods of proceeding
  • Lead the preparation of annual budgets and rolling forecasts, with emphasis on cost control in line with growth strategies
  • Manage inventory valuation, WIP reporting, and stock reconciliations, ensuring alignment with IFRS and company policies
  • Prepare and deliver accurate monthly cost reports, margin analysis, and management insights
  • Support operational teams with KPI dashboards and ad-hoc financial analysis
  • Work closely with senior and middle leadership to identify cost-saving initiatives and efficiency projects across the business
  • Ensure monthly management accounts are accurate and on time
  • Lead Finance team through both internal and external Audits
  • Prepare and present annual financial budget and quarterly forecasts
  • Coordinate projects such as BEE verification that requires collection of data

    • Educational Requirements

  • CMA qualification (essential)
  • Bachelor’s degree in accounting, finance, or related field

    • Experience Requirements

  • Minimum 5 years’ experience in cost accounting in a manufacturing or packaging environment.
  • ERP experience in Syspro with advanced Excel skills – added advantage

    • Skills and Competencies

  • Analytical and detail oriented
  • Strategic thinking and commercial acumen – can see the “big picture” beyond the numbers
  • Strong communication and influencing skills, ability to interact with Customers
  • Self-motivated, proactive, and able to deliver under pressure
  • Ability to work cross-functionally and present complex information in a clear, business-focused way
  • Strong knowledge of costing methods (standard & absorption cost)
  • All relevant financial legislation and accounting and auditing standards
  • Accounting / Financial Services  jobs
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    Financial Manager • ZA